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Business-Minded Daley Named As Next Chief Of Staff

January 11, 2011 by  

Business-minded Daley named as next Chief of StaffPresident Barack Obama's administration has announced that businessman William Daley, who served as the commerce secretary under former President Bill Clinton, will be the next White House Chief of Staff.

Daley will take the role formerly held by Rahm Emanuel, who left in October to run for mayor of Chicago. White House officials reported that Daley will assume his new duties before Obama's State of the Union address on Jan. 25.

Daley is currently the Midwest Chairman of J.P Morgan Chase, and he serves on the board of directors for several other organizations. According to media reports, some groups are wary of the Daley appointment because of his ties to Wall Street and several big business corporations.

Justin Ruben, executive director of — a liberal nonprofit group — said that selecting Daley to lead the White House staff "sends the wrong message to the American people," quoted by The Washington Post. Ruben added that the recent appointment is "troubling" because Wall Street is reporting record profits while middle-class families struggle in a tough economy.

Top lawmakers in Congress, however, are pleased with the appointment of Daley. Senate Minority Leader Mitch McConnell (R-Ky.) praised the decision to select an individual who has experience in the private sector. Senate Majority Leader Harry Reid (D-Nev.) said that Daley's deep-rooted understanding of business will benefit the Obama administration going forward. 

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